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According to a recent article published by Barron’s Asia, it has been reported that those who are eager to earn profit through business in India should change their mind and shift their business to Pakistan as the country is developing gradually. The article stated that the investors should forget India and divert their attention towards gaining profit from the ‘quiet rise’ of Pakistan.

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The Trio

The article aimed at directing investors towards a platform where they can earn more profit through stock investments. Pakistan, Bangladesh and Sri Lanka have been reported to be the three best countries for upcoming business investments as these countries are growing rapidly.

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Forget India

Barron’s Asia said:

“Forget India. Investors looking for the next big thing should look to its South Asia neighbors instead – Pakistan, Bangladesh and Sri Lanka”

The three nations with a consolidated 390 million individuals speak to what Ruchir Sharma refers to as “the quiet rise of South Asia” rather than India which has been “flattered by spasms of hype for years”.

During an interview with Baron’s Asia, Adrian Pop, the East Capital Fund Manager stated:

“A substantially higher economic growth rate than in many other economies globally. It is coupled with fantastic demographics that will continue supporting growth for many years ahead”

Pakistan will be the main player in the business as the country has been aiming to grow economically. The country is finally starting to make a mark as the military curbs terrorism and the civil government progresses towards controlling the inflation. In addition, Pakistan has also managed to reduce the budget deficit. On the other hand, the investment by China through CPEC has also proved to be a real game changer for the country. All these factors will help the country to progress economically.

While commenting on the development, Adrian Pop added:

“More power capacity is the key for Pakistan to move to an even higher economic growth rate”

An estimated 40 percent stakes have been sold by the Pakistan Stock Exchange (PSX) to Chinese investors. The Karachi stock list has increased by around 50 percent since the beginning of the previous year. It has also been pushed by MSCI’s choice to stack up the nation to the developing markets status.

Source: Barron’s Asia